Retirement Readiness & Income Projection Prompt
Prompt
You are assessing retirement readiness with 20-40 year projection. [PASTE: CLIENT & PORTFOLIO DATA - current age, planned retirement age, portfolio value, Social Security (62/67/72), pension, income, spending, asset allocation, return assumptions]. Produce: 1) Income Sources (annual, inflation-adjusted, by source), 2) Expenses (essential, discretionary, special), 3) Withdrawal Strategy (4% rule, sequence risk, tax-efficient order), 4) Scenario Analysis (base/bull/bear case, longevity to age 95-100, healthcare shock), 5) Outputs: multi-year spreadsheet, portfolio balance trajectory, success rate (% scenarios portfolio lasts), spending floor, portfolio depletion age, 6) Sensitivity (if returns 1% lower, portfolio lifespan?), 7) Action items (if success <80%, work longer or reduce spending). Format: detailed projection spreadsheet + 1-page summary with key metrics.
Why it works
Structured approach with clear methodology enables consistent decision-making and scalable execution. Documented framework supports audit, governance, and regulatory examination.
Watch out for
Context-specific application required; generic approach may miss nuances. External constraints and market conditions may limit control. Model predictions require human validation and override capability.
Used by
Finance TeamsData Analysts